Latest Monthly Report
“The final 5 months of 2020 witnessed a remarkable recovery in timber and panels imports with volumes for these months significantly higher than over the same period for all of the years to date in this century. A total of 4.9 million m³ was imported between August and December 2020 with the next best volume over this period being in 2006 where volumes reached 4.8 million m³.
“In Q2 2020 a downturn of 29%, because of the first lockdown due to Covid-19, was followed by a strong Q3 and an even stronger Q4 where volumes were nearly 39% higher than over the same period in 2019.
“The distortion in trade created by multiple missed Brexit deadlines during 2019 and then by Covid-19 in 2020 is shown below with both years exhibiting wide differences in their respective first and second halves of each year, compared to earlier years.
“The difference between the two halves of 2020 is significantly different from the two halves of previous years with 1.5 million m³ more imported in the second half of 2020 compared to the first six months.”